- Felix Salmon, author of Axios Markets
May 28, 2022 - World
5. Diminished Davos
Illustration: Shoshana Gordon/Axios
Wherever the world's attention might be focused right now, it's not Davos, Switzerland.
Driving the news: When a major new trade pact was announced on Monday — encompassing 13 countries including the U.S., Japan, India, South Korea, and Australia — it was at a summit in Tokyo, 6,000 miles from Davos.